Loan & Debt12 Aug 2026, 10:20 pm
Yes Bank Approves Medium Term Note Programme for Debt Issuance
AI Summary
Yes Bank Limited has announced the establishment of a Medium Term Note (MTN) Programme and the subsequent issuance of medium-term notes. This follows earlier approvals from the Board of Directors and shareholders for raising funds through eligible debt securities. The Capital Raising Committee of the Board has approved the MTN Programme, allowing the bank to issue notes in domestic and/or overseas markets. The total approved borrowing limit remains up to INR 8,500 Crores. The bank will also issue an offering circular for the MTN Programme.
Key Highlights
- Yes Bank establishes Medium Term Note Programme.
- Approvals secured for raising funds via debt securities.
- Programme allows issuance in domestic and overseas markets.
- Total borrowing limit up to INR 8,500 Crores.
- Offering circular for MTN Programme to be issued.
Price Impact
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